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$2,079,000

NAL Estimated Property Value

2604 Addison Ave, Austin, TX, 78757

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,346 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$653.02 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Microwave, Free-Standing Gas Range, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size8,695 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02340305110000
Lot Number30,31
SubdivisionGreen Acres
Land UseResidential
Legal DescriptionSE16FT OF LOT 30 *& NW46.5FT OF LOT 31 BLK 9 GREEN ACRES
Census Tract001501
Assessed Land Value$522,500
Assessed Improvement Value$123,845
Assessment Year2024

About this property

Welcome to this stunning new construction by Drew Homes, located in the highly sought-after Allandale neighborhood. This timeless and elegant traditional home offers 3,346 square feet of luxurious living space, featuring 5 spacious bedrooms, 4 full bathrooms, an office, game room, and a two-car garage. The exterior of the home is 100% stucco, complemented by a custom cedar garage door and soffits that add a warm, natural touch. High-end black Andersen windows with divided light create a striking contrast against the clean lines of the stucco façade, enhancing the home’s architectural charm. Enter through a custom steel front door and step into the grand foyer, where a beautiful staircase with custom steelwork and a white oak handrail sets the tone for the rest of the home. The open concept design of the family room, kitchen, and dining area boasts soaring vaulted ceilings, creating a bright and airy atmosphere throughout. The collapsible Western slider provides seamless indoor-outdoor living, opening onto a covered porch that overlooks the heated pool and spa—perfect for entertaining or enjoying a quiet afternoon. The family room is anchored by a gas fireplace with custom white oak shelving, offering a cozy yet modern focal point. The heart of the home is the kitchen, a chef’s dream equipped with top-of-the-line Thermador appliances, including a gas range, dishwasher, drawer microwave, and refrigerator. A custom plaster range hood adds a sophisticated touch, while windows on each side fill the space with natural light. The kitchen also features a pot filler, custom cabinetry with soft-close drawers, and a large walk-in pantry for added convenience. Step outside to the large covered porch, which features custom pavers and provides a perfect view of the backyard oasis, complete with a heated pool and large spa. With every detail thoughtfully crafted, this home is ready to exceed your expectations.

Investor Tools

Property Icon
$2,079,000
Estimated Property Value
$1,057,716Estimated Mortgage Balance
$1,023,659Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,110 /month
Positive
Cash Flow Estimate:
$4,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,653/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$646,345
2024
$522,500
$123,845
$646,345
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$646,345

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Conventional
$1,071,500
No
First
Mar 12, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,057,716
$1,021,284
49%
51%
$6,253/mo

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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2604 Addison Ave | Property Details | No Agent List